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2013-542 AMS - Wesley D Woods and Alice R Woods for 1203 US Hwy 70A property $200,000
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2013-542 AMS - Wesley D Woods and Alice R Woods for 1203 US Hwy 70A property $200,000
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10/23/2013 2:39:01 PM
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10/23/2013 2:37:43 PM
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BOCC
Date
10/15/2013
Meeting Type
Regular Meeting
Document Type
Contract
Agenda Item
7b
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Agenda - 10-15-2013 - 7b
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\Board of County Commissioners\BOCC Agendas\2010's\2013\Agenda - 10-15-2013 - Regular Mtg.
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15. OTHER PROVISIONS AND CONDITIONS: CHECK ALL STANDARD ADDENDA THAT MAY BE A PART OF THIS <br /> CONTRACT, IF ANY, AND ATTACH HERETO. ITEMIZE ALL OTHER ADDENDA TO THIS CONTRACT, IF ANY, AND <br /> ATTACH HERETO. (NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT PERMITTED TO <br /> DRAFT CONDITIONS OR CONTINGENCIES TO THIS CONTRACT.) <br /> ❑Additional Provisions Addendum(Form 2A I-T) ❑Loan Assumption Addendum(Form 2A6-T) <br /> ❑Back-Up Contract Addendum(Form 2A1-T) ❑New Construction Addendum(Form 2A3-T) <br /> ❑ Contingent Sale Addendum(Form 2A2-T) ❑ Owners'Association Disclosure And Addendum(Form 2A 12-T) <br /> ❑FHA/VA Financing Addendum(Form 2A4-T) ❑ Seller Financing Addendum(Form 2A5-T) <br /> ❑Lead-Based Paint Or Lead-Based Paint Hazard ❑ Short Sale Addendum(Form 2A14-T) <br /> Addendum(Form 2A9-T) ❑Vacation Rental Addendum(Form 2A13-T) <br /> ❑ OTHER: <br /> 16. ASSIGNMENTS: This Contract may not be assigned without the written consent of all parties except in connection with a tax- <br /> deferred exchange, but if assigned by agreement, then this Contract shall be binding on the assignee and assignee's heirs and <br /> successors. <br /> 17. TAX-DEFERRED EXCHANGE: In the event Buyer or Seller desires to effect a tax-deferred exchange in connection with the <br /> conveyance of the Property, Buyer and Seller agree to cooperate in effecting such exchange;provided,however,that the exchanging <br /> party shall be responsible for all additional costs associated with such exchange, and provided further, that a non-exchanging party <br /> shall not assume any additional liability with respect to such tax-deferred exchange. Buyer and Seller shall execute such additional <br /> documents, including assignment of this Contract in connection therewith, at no cost to the non-exchanging party,as shall be required <br /> to give effect to this provision. <br /> 18. PARTIES: This Contract shall be binding upon and shall inure to the benefit of Buyer and Seller and their respective heirs, <br /> successors and assigns. As used herein, words in the singular include the plural and the masculine includes the feminine and neuter <br /> genders, as appropriate. <br /> 19. SURVIVAL: If any provision herein contained which by its nature and effect is required to be observed,kept or performed after <br /> the Closing,it shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed,kept or <br /> performed. <br /> 20. ENTIRE AGREEMENT: This Contract contains the entire agreement of the parties and there are no representations, <br /> inducements or other provisions other than those expressed herein. All changes, additions or deletions hereto must be in writing and <br /> signed by all parties. Nothing contained herein shall alter any agreement between a REALTOR® or broker and Seller or Buyer as <br /> contained in any listing agreement,buyer agency agreement,or any other agency agreement between them. <br /> 21. NOTICE: Any notice or communication to be given to a party herein may be given to the party or to such party's agent. Any <br /> written notice or communication in connection with the transaction contemplated by this Contract may be given to a party or a party's <br /> agent by sending or transmitting it to any mailing address, e-mail address or fax number set forth in the"Notice Information" section <br /> below. Seller and Buyer agree that the "Notice Information" and "Escrow Acknowledgment" sections below shall not constitute a <br /> material part of this Contract, and that the addition or modification of any information therein shall not constitute a rejection of an <br /> offer or the creation of a counteroffer. <br /> 22. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the <br /> same instrument, and the parties adopt as their seals the word"SEAL"beside their signatures below. <br /> 23. COMPUTATION OF DAYS: Unless otherwise provided, for purposes of this Contract,the term"days"shall mean consecutive <br /> calendar days, including Saturdays, Sundays, and holidays, whether federal, state, local or religious. For the purposes of calculating <br /> days, the count of"days" shall begin on the day following the day upon which any act or notice as provided in this Contract was <br /> required to be performed or made. <br /> KC:305879v1 {00117321.130C) <br /> Buyer initials Seller init Q� C _t� l <br /> Page 8 of 10 <br /> Association Form No.2©Revised 2007,2008,1/2011 This standard form has been approved jointly by:North Carolina <br /> Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Form No.2 <br /> North Carolina Association of Realtors®,Inc.—Standard Form 2T <br />
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